| 18 Mar 2018 22:45 | Moneycontrol.com |
Lebanon | Airfare: Rs 25,000 and above | Currency Rate: 1 Lebanese Pound = 4/10. Lebanon | Airfare: Rs 25,000 and above | Currency Rate: 1 Lebanese Pound = INR 0.041 | Things to do: Cultural and religious tours, leisure and recreational visits, Nature ...
moreSalameh said Lebanon had “recovered and exceeded” what it lost then, with foreign assets excluding gold at more than $43 billion.
moreAccording to Lebanese law, all commercial banks must place 15 percent of their dollar and Lebanese pound deposits in an account at the Central Bank.
moreThe crisis raised questions about Lebanon's economic stability and put pressure on the Lebanese pound's peg to the dollar.
more| 14 Feb 2018 09:56 | Frontera |
Many disagree with his strict regulations but we simply cannot afford to risk losing American support,” said the source, pointing out that economic situation is so precarious that people are already exchanging their Lebanese pounds for US dollars in ...
morePlants spring up on a rusted train at an old railway station in Beirut, Lebanon October 27, 2017. Picture taken October 27, 2017.
more| 27 Dec 2017 09:37 | The National |
Another dispiriting factor is that Lebanon relies heavily on remittances - worth 16 per cent of GDP annually, according to the World Bank - which help sustain a Lebanese pound that has been pegged at 1,500 pound to a US dollar since October 1992. If ...
more| 15 Dec 2017 07:07 | Digital Journal |
"The cost for the country has been that the interest rates on the Lebanese pound have risen," said the influential governor of the Banque du Liban, who has been in his job since 1993.
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